Resources - Mature Market Headlines

Retire on a Cruise Ship? New Concept Creates Boutique Housing Idea for Florida's Seniors

fox41.com, 2/16/09

Abstract:

Waterfront Lifestyles International, a boutique maritime lodging company, is currently taking reservations for retirement condos on a mid-size cruise ship that will make monthly cruises to the Bahamas.

For less money than many senior independent-living facilities charge, retirees may now live on a cruise ship. Prices for individual condo cabins on the 300-foot Alegria range from $159,000 for a single room to a larger suite for $399,000 plus a nominal "Resident's Care" monthly fee which covers all the operating expenses of the ship including crew, staff, fuel, maintenance, insurance, three meals daily, port fees, the medical center, and housekeeping. A huge difference between a senior care facility and living on Alegria is that the residents actually own the ship...

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